Case Study: Securities and Exchange Board of India prevents market fraud and protects investors with SAS Business Analytics

Protecting investors from unscrupulous traders

The Securities and Exchange Board of India (SEBI) is the country’s securities regulator charged with protecting investors and promoting market development. Faced with new regulations and the need to monitor more than 200 million transactions a day, SEBI needed a scalable surveillance capability to detect and prevent fraudulent trading and move quickly from alerts to deeper investigations.

SEBI implemented a SAS Business Analytics Platform, including an enterprise data warehouse and SAS Scoring Accelerator, to consolidate exchange and third-party data and generate next‑day surveillance alerts for investigators. The solution has enabled faster adjudication, higher conviction rates and better mitigation of market risk while reinforcing SEBI’s proactive oversight and driving exchanges to sharpen their own surveillance.

Securities and Exchange Board of India

Avneesh Pandey

General Manager